CYSTAT House Price Index
105.46
+7.9% year on year
Cyprus Real Estate Market Statistics
Official CYSTAT, Department of Lands and Surveys & Central Bank of Cyprus data
Last successful update 2 Oct 2026, 06:00
Source status
cbcHousingFinance— updated · Latest period: August 2026cbcRppi— updated · Latest period: Q2 2026cystatBuildingPermits— updated · Latest period: May 2026cystatConstructionMaterials— updated · Latest period: August 2026cystatHpi— updated · Latest period: Q2 2026dlsContracts— no new period · Latest period: June 2026dlsForeignBuyers— no new period · Latest period: June 2026dlsMortgages— no new period · Latest period: June 2026dlsTransfers— no new period · Latest period: June 2026
Sources publish on different schedules, so each indicator carries its own reference period — shown on the card and in the tables.
Figures cover the areas under the effective control of the Republic of Cyprus. Statistics for Northern Cyprus are not included.
Market highlights
- Most sale contracts — Limassol: 727.
- Fastest year-on-year growth in contracts — Limassol: +63.7%.
- Highest foreign buyer share — Paphos: 43.7%.
- Accepted transaction value across Cyprus changed by +45.5% year on year.
- The Central Bank flats price index changed by +8.9% year on year, Q2 2026.
- Permitted dwelling units changed by +58.8% year on year.
CBC Residential Property Price Index
109.68
+8.5% year on year
RPPI — flats
128.72
+8.9% year on year
RPPI — houses
98.04
+5.8% year on year
Registered sale contracts
1,964
+27.2% year on year
Contracts year to date
10,007
+14.6% year to date vs last year
Completed transfer cases
1,956
+9.0% year on year
Accepted transaction value
€576,893,855
+45.5% year on year
Average accepted value per transferred property
€266,218
Foreign buyer share
20.4%
Transactions: contracts, transfers and value
Sale contracts and completed transfers are different stages of the market. They are never added together.
Transferred properties — Monthly
Latest period: June 2026 · 2,167
- Monthly
- Rolling 12 months ÷ 12
Year to date
10,669
Declared and accepted value
€577M
District share
- Nicosia664 (31%)
- Limassol573 (26%)
- Paphos428 (20%)
- Larnaca396 (18%)
- Famagusta106 (5%)
| By year and district | Nicosia | Limassol | Larnaca | Paphos | Famagusta | All Cyprus |
|---|---|---|---|---|---|---|
| 2025 | 6,603 | 5,523 | 4,173 | 3,802 | 1,286 | 21,387 |
| 2024 | 6,092 | 5,624 | 4,154 | 4,288 | 1,311 | 21,469 |
| 2023 | 5,832 | 6,008 | 4,254 | 3,770 | 1,302 | 21,166 |
| 2022 | 6,190 | 5,907 | 3,763 | 3,737 | 1,202 | 20,799 |
| 2021 | 6,371 | 5,004 | 3,014 | 2,955 | 1,119 | 18,463 |
| 2020 | 4,753 | 3,811 | 2,535 | 2,627 | 937 | 14,663 |
| 2019 | 5,177 | 4,990 | 3,332 | 3,507 | 982 | 17,988 |
| 2018 | 5,346 | 4,976 | 3,191 | 3,676 | 1,147 | 18,336 |
Price indices
The CYSTAT index and the Central Bank RPPI use different methodologies and are never merged into one series.
CYSTAT House Price Index (quarterly)
Q2 2026 · 105.46 · Previous year 7.9% · Previous quarter 2.4%
Central Bank of Cyprus RPPI (quarterly) — All Cyprus
All residential: 109.7 (+8.5%) · Flats: 128.7 (+8.9%) · Houses: 98.0 (+5.8%)
- All residential
- Flats
- Houses
Construction materials price index
August 2026 · 123.1 · Previous year 3.4%
The CYSTAT and Central Bank indices use different base periods and methodologies. They are shown separately, with no rebasing.
District comparison
Each district for the latest available month.
Latest period: June 2026 · Permits: May 2026
- Limassol€276M
- Paphos€106M
- Nicosia€101M
- Larnaca€65M
- Famagusta€28M
| District | Contracts | Contracts YoY | Transfers | Properties | Accepted value | Average per property | Flats YoY | Houses YoY | Foreign share | Mortgages | Permits | Dwelling units |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nicosia | 392 | +10.4% | 609 | 664 | €101M | €153k | +4.6% | +4.4% | 7% | 546 | 266 | 389 |
| Limassol | 727 | +63.7% | 483 | 573 | €276M | €482k | +7.8% | +4.3% | 20% | 363 | 229 | 824 |
| Larnaca | 416 | +5.6% | 368 | 396 | €65M | €164k | +7.9% | +8.9% | 19% | 255 | 135 | 466 |
| Paphos | 361 | +28.0% | 395 | 428 | €106M | €248k | +18.5% | +3.1% | 44% | 157 | 77 | 136 |
| Famagusta | 68 | −1.4% | 101 | 106 | €28M | €268k | +7.4% | +10.5% | 19% | 81 | 28 | 32 |
Buyer origin
The unit counted here is properties — not buyers and not contracts.
June 2026 · EU buyers (excluding Cyprus): 197 · Third-country buyers: 245 · Other buyers: 1,725
- EU buyers (excluding Cyprus)
- Third-country buyers
- Other buyers
"Other buyers" is total transferred properties minus properties transferred to foreign buyers for the same month. Negative or inconsistent results are not published.
Foreign buyer share by district
- Paphos43.7%
- Limassol20.1%
- Famagusta18.9%
- Larnaca18.7%
- Nicosia6.9%
Properties with deposited contracts
Properties covered by contracts deposited by foreign buyers. Not compared with total contracts: those count a different unit.
Mortgages and financing
Mortgages registered with the Department of Lands and housing loans reported by the Central Bank of Cyprus are different datasets.
Mortgages
June 2026 · 1,402 · +7.1% · Average mortgage amount: €287k
Rate on new housing loans
August 2026 · 3.31% · New housing loan volume: €142M
Mortgages are registered with the Department of Lands and Surveys. Rates and volumes of new housing loans cover lending to households and are reported by the Central Bank of Cyprus.
Building permits
Permitted dwelling units are authorisations — not construction starts and not completed homes.
May 2026 · Building permits: 735 · Permitted dwelling units: 1,847 (+58.8%) · Authorised area: 352,126 m² · Authorised project value: €428M
- Building permits
- Permitted dwelling units
Permitted dwelling units — By district
- Limassol824
- Larnaca466
- Nicosia389
- Paphos136
- Famagusta32
Sources and methodology
Every figure is imported automatically from an official source and stored normalized. No indicator is published without its source and reference period.
Sources
- Department of Lands and Surveys (data.gov.cy) · Definitions
- Statistical Service of Cyprus (CYSTAT-DB)
- ECB Data Portal — MFI interest rates (reported by the Central Bank of Cyprus) · Definitions
- Central Bank of Cyprus — Residential Property Price Index · Definitions
Updates
The import runs automatically on the 1st of every month at 06:00 Cyprus time (Europe/Nicosia), with retries until the 7th for sources that have not yet published a new period. If a source is unavailable or fails validation, the last valid version stays live.
Download CSVNormalized series with source and reference period
Definitions
A sale contract is registered at purchase; the title transfer happens later, sometimes years later. They are separate stages of the market and cannot be added together.
Number of buyers, number of properties and number of contracts are three different units. They are never mixed in any indicator on this page.
Calculated metrics
current_period / same_period_previous_year - 1current_ytd / previous_year_same_months - 1sum(last_12_complete_months)district_value / national_valueaccepted_amount / transferred_propertiestotal_mortgage_amount / mortgage_countforeign_transferred_properties / total_transferred_propertiesaccepted_amount - declared_amounttotal_transferred_properties - foreign_transferred_properties
What is deliberately absent
Average dwelling price, new-build sales, unsold inventory, months of supply, average rent in euro and price per m² are not published here: open official data contains no compatible series to derive them correctly.
This page is informational, based on official statistics, and is not investment or financial advice.